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FSA and MOF set up the Panel for Vitalizing Financial and Capital Markets

November 8, 2013

Financial Services Agency
Ministry of Finance            

FSA and MOF set up the Panel for Vitalizing Financial and Capital Markets

In accordance with the Action Plan to Implement the Growth Strategy (decision of the Headquarters for Japan's Economic Revitalization on October 1, 2013,) which states "the government will compile, by the end of this year, measures to make Japanese financial and capital markets such as measures to divert individuals' financial assets as financing for growth, and measures to realize and utilize the potential of Asian economies," the Financial Services Agency and the Ministry of Finance set up the Panel for Vitalizing Financial and Capital Markets.

Consisting of various experts from the financial, industrial and academic sectors, the Panel is aimed at holding active discussions from the broad perspectives of the members.

Members

Prof. Takatoshi ITO   Professor, Graduate School of Economics, University of Tokyo
Mr. Yoichiro IWAMA   Chairman, Japan Investment Advisers Association
Mr. Masayuki OKU   Chairman of the Board, Sumitomo Mitsui Financial Group, Inc.
Mr. Yorihiko KOJIMA   Chairman of the Board, Mitsubishi Corporation
Mr. Atsushi SAITO   Group CEO, Japan Exchange Group, Inc.
Prof. Naoyuki YOSHINO   Professor, Graduate School of Economics, Keio University

(Secretariats)
Financial Services Agency
Ministry of Finance

(Observer)
Bank of Japan

The Panel will hold the first meeting on November 11th and compile proposals by the end of this year.